Shandong Shenglong Industry Co., ltd

Shandong Shenglong Industry Co., Ltd is consolidated enterprise by Longxi Group and Gansu Yasheng Industry (Group) Co., Ltd.

Shandong Longxi Co., Ltd originates from Longxi Group ratified by People’s government in Longkou with “Number 〔1993〕18” on January 26th, 1993 in terms of directional collection. Total capital stock of Longxi Co., Ltd is 10,0830,000 shares, including 50,500,000 shares for corporate representative and 50,330,000 shares for individuals. In 1997, individual-owned shares are transferred in “Property Right Exchange in Shandong” in Jinan ratified by State Commission for Restructuring Economy with confirmation of Number 〔1997〕103.

On April 9th, 2001, Shandong Longxi Co., Ltd is consolidated with Gansu Yasheng Industry (Group) Co., Ltd with “Regulatory Commission Number [2001]41”by China's Securities Regulatory Commission, code of the stock is “600108”.

Dealing with printing, dyeing, beverage and electricity generation, Shenglong Industry Co., Ltd can produce 80,000,000m different pure cotton, mixed spinning cotton and dyeing stamping cloth which are exported to Japan, Hong Kong and southeast Asia; annual output of beverage factory is 10,000,000cases purified water, 2,000,000cartons and 1,000,000cartons tea drinks; generated energy is 36,000,000 degree.

Conforming to market trend in the world, Shenglong Industry Co., Ltd will keep improving, speed up modification of technology to further enhance competitive force of the enterprise.

Shenglong Industry Co., Ltd will keep improving and innovating to return to the society and our shareholders with good profit.